3 Devon Avenue, Cowes VIC 3922

Prime Beachside Development Opportunity

Land
Type

Last updated on Monday, September 07, 2026 ( See property details for 3 Devon Avenue, Cowes VIC 3922)

$795,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare 1,041sqm coastal land parcel in Cowes, offering exceptional redevelopment potential just moments from the beach.

🏡 Property Highlights

  • Impressive 1,041sqm coastal landholding in Cowes
  • Prime location just moments from the beach
  • Clear redevelopment opportunity with existing residence requiring demolition
  • Potential for luxury residence, multi-dwelling, or townhouse development (STCA)
  • Close to Cowes foreshore and vibrant shopping precinct
  • Rare large parcel of land in a highly desirable beachside area

✨ Key Features

  • Land

Cowes is a vibrant coastal town renowned for its stunning beaches, lively shopping and dining precincts, and relaxed seaside lifestyle. The area offers excellent recreational activities, a strong community vibe, and convenient access to local amenities. Its proximity to the beach and scenic waterfront makes it a highly sought-after location for both residents and investors. With ongoing development and a thriving tourism scene, Cowes continues to be a premier destination on Phillip Island.

What are the potential uses for this land parcel?
The 1,041sqm site offers potential for redevelopment into a luxurious coastal residence, multi-dwelling units, or townhouses, subject to council approval (STCA).
Is there existing infrastructure on the property?
The property currently has an existing residence that requires demolition, and further infrastructure details can be confirmed with the local council.
What are the zoning restrictions for this land?
Zoning details can be obtained from the local council to confirm permissible development options and any restrictions.
Are there any planning permits or approvals required?
Yes, development proposals will require approval from the relevant planning authorities, and all plans should comply with local regulations.
What is the condition of the existing structures?
The current residence is in need of demolition; no other structures are present on the site.
Are there any easements, covenants, or zoning restrictions that could impact development plans? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known environmental issues or contamination on the site? What are the council requirements and approval processes for redevelopment? Are there any upcoming planning or infrastructure projects in the area that could affect the property? Is the land title clear of any encumbrances or disputes? What are the potential costs associated with demolition and site preparation? Are there any flood or bushfire risks associated with this location? What are the current rates and taxes applicable to the land? Is there any existing access or easements that could influence building plans?

3 Devon Avenue, Cowes VIC 3922 - More Details

Prime Beachside Development Opportunity

An outstanding opportunity awaits in a highly desirable pocket of Cowes, where an impressive 1,041sqm (approx.) allotment offers exceptional scope for redevelopment in a location just moments from the beach.

Currently occupying the site is an existing three-bedroom residence requiring demolition, providing a clear opportunity for buyers to unlock the full potential of this substantial landholding. With its generous dimensions and enviable coastal position, the property lends itself to a variety of future possibilities, from the construction of a luxurious new beachside residence through to a multi-dwelling or townhouse development (STCA).

For developers, builders and investors, the combination of land size and location is particularly compelling. Opportunities to secure more than 1,000sqm so close to the Cowes foreshore are increasingly difficult to find, offering the chance to create a quality development that takes full advantage of the continued appeal of Phillip Island's thriving coastal market.

The location further enhances the property's potential, with the beach less than a one-minute walk away, allowing you to enjoy morning strolls along the shoreline, summer swims and the relaxed coastal lifestyle Cowes is renowned for. Thompson Avenue's bustling shopping and dining precinct is also only a few minutes' drive away, placing cafés, restaurants, supermarkets, boutique shopping and everyday conveniences within easy reach.

Whether your vision is to develop, build a premium coastal residence or secure a substantial parcel of land for the future, this exceptional property represents a rare opportunity to acquire a significant landholding in one of Cowes' most desirable beachside locations.

With its impressive proportions, outstanding position and exciting possibilities, this is an opportunity with enormous potential in the heart of Phillip Island.

This property in Cowes is proudly presented for sale through Ray White Real Estate Phillip Island.
Type
Land
Area
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